4//SEC Filing
Iluyomade Oladipo 4
Accession 0001688476-23-000141
CIK 0001688476other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 4:27 PM ET
Size
7.5 KB
Accession
0001688476-23-000141
Insider Transaction Report
Form 4
Iluyomade Oladipo
Chief Accounting Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-09-01−37,790→ 0 total→ Common Stock (37,790 underlying) - Disposition to Issuer
Common Stock
2023-09-01−5,056→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of June 14, 2023 and amended as of July 27, 2023 (the "Merger Agreement"), by and among Patterson-UTI Energy, Inc. ("Patterson-UTI"), Pecos Merger Sub Inc., Pecos Second Merger Sub LLC and NexTier Oilfield Solutions, Inc., each share was cancelled and converted into the right to receive 0.7520 shares of Patterson-UTI common stock at the effective date of the mergers contemplated thereby (the "Effective Date").
- [F2]Pursuant to the Merger Agreement, each reported Restricted Stock Unit was converted, on the same terms and conditions as were applicable prior to execution of the Merger Agreement, into 0.7520 Restricted Stock Units with respect to Patterson-UTI common stock (rounded down to the nearest whole share in the aggregate) at the Effective Date.
Documents
Issuer
NEXTIER OILFIELD SOLUTIONS INC.
CIK 0001688476
Entity typeother
Related Parties
1- filerCIK 0001904947
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 4:27 PM ET
- Size
- 7.5 KB